Marsh to Acquire Peru-Based Rehder y Asociados Group

Combined Entity to be Leading Insurance Broker and Risk Adviser in
Fast-Growing South American Economy

May 23, 2013 10:44 AM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--Marsh, a global leader in insurance broking and risk management, today
announced that it has reached a definitive agreement to acquire the
Rehder y Asociados Group, the leading insurance advisor in Peru. This
business includes the insurance broker Rehder y Asociados and employee
health and benefits specialist Humanasalud. Terms of the transaction
were not disclosed.

The transaction, which is anticipated to close in the second quarter of
2013, will give Marsh a clear leadership position in one of South
America’s best-performing economies. The combined entity, which will
operate under the name Marsh Rehder, will bring together
long-established and highly regarded operations of both firms to deliver
the fullest range of solutions, resources, and placement capabilities to
clients of all sizes in Peru.

Peter Zaffino, President and CEO of Marsh Inc., said: “Peru offers one
of the most dynamic business environments in South America, and I am
excited by the opportunity to serve a broader range of clients here.
Rehder’s long reputation for excellent client relationships, when
combined with our local, regional, and global capabilities, will provide
a compelling offering for companies in this fast-growing economy.
Together with Rehder’s respected management team and colleagues, we will
bring the full range of Marsh’s capabilities to their impressive range
of industrial, commercial, and personal clients.”

Javier Rehder, CEO of Rehder, who will become Deputy CEO of the combined
Marsh Rehder, said: “By aligning the strengths that Rehder has built up
over many years with Marsh’s strong team in Peru, we will present the
strongest risk and insurance offering in the local market. Together, we
will provide a broader offering and ensure that clients can access the
full range of risk solutions to suit their needs.”

Juan Carlos Rizo Patron, CEO of Marsh Peru, who will be CEO of Marsh
Rehder, added: “This combination is very positive news for the clients
and colleagues of both companies as well as the risk and insurance
industry in Peru. Clients will benefit from the extensive experience
brought together in the combined business; our colleagues will enjoy
expanded career opportunities; and our full range of services and
solutions will give greater options to local companies of all sizes.”

About Marsh

Marsh,
a global leader in insurance broking and risk management, teams with its
clients to define, design, and deliver innovative industry-specific
solutions that help them protect their future and thrive. It has
approximately 26,000 colleagues who collaborate to provide advice and
transactional capabilities to clients in over 100 countries. Marsh is a
wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the areas of
risk, strategy, and human capital. With over 53,000 employees worldwide
and annual revenue exceeding $11 billion, Marsh & McLennan Companies is
also the parent company of Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; Mercer,
a global leader in talent, health, retirement, and investment
consulting; and Oliver
Wyman, a global leader in management consulting. Follow Marsh on
Twitter @Marsh_Inc.

About Rehder y Asociados Group

Rehder, the leading insurance broker in Perú for the last eight years,
has built a strong team of professionals who deliver a highly
specialized service to corporate Peruvian and international enterprises
in Perú. Their 10 principal executives, partners of the firm, and the
rest of the 250 colleagues have extensive experience in the insurance
advisory field, which is very much appreciated by their clients.

With more than US$30 million in revenues, Rehder has a 17% share of the
broking business in Peru and its employees are recognized by the
insurance market for their technical expertise as insurance brokers.

Rehder’s commitment to service has enabled its team to develop and offer
important aggregate value, often exceeding clients’ needs and
expectations. They have also built strong relationships with clients
through deep risk analysis, prevention advice and efficient insurance
placement, as well as providing efficient and timely claims servicing
and developing a sophisticated interactive on-line system. Their
holistic approach includes risk engineering, enterprise risk management,
health and safety for employees and wellness programs.